UK construction output down on month in October
by ChemOrbis Editorial Team - content@chemorbis.com
According to data compiled by the UK’s Office for National Statistics (ONS), the country’s construction output fell by 0.6% on the month in October after increasing by 0.9% in September. Initial expectations had called for an increase of 0.2% for October.
On a yearly basis, construction output increased by 0.7% in October compared to the same month of last year, defying economists’ expectations of a 0.1% decrease.
ONS also reported that the construction output dropped by 0.6% on a quarterly basis.
On a yearly basis, construction output increased by 0.7% in October compared to the same month of last year, defying economists’ expectations of a 0.1% decrease.
ONS also reported that the construction output dropped by 0.6% on a quarterly basis.
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